Capital gain
This query is : Resolved
krishna kumar
(Querist)
23 July 2012
My father sold his parental property. After that he buy two residential property, one property as investment and another his resident purpose. His residential property going on construction. please suggest how to calculate his capital gain and which exemption adopt. Both new properties are residential.
CA.Sourabh Sethia
(Expert)
24 July 2012
the property with the more cost should be adopted for Exemption
So as to minimize capital gain
So as to minimize capital gain
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